Weekly Newsletter 03/04/2017

This update covers various legal jurisprudence on the direct as well as Indirect tax matter . Apart from the tax issue it also covers recent development in the Corporate law as well as SEBI matters.

The famous ruling of Honourable Supreme Court in the matter of L&T has been covered . This gives the complete jurisdiction of reassessment whether under the Indirect tax or direct tax . Similarly the Supreme Court ruling on the issue of “Share Capital” under section 35D of the Income Tax is also an eye opener .